The Truth About Disasters
They can happen to any business at any time and the downtime they cause is truly catastrophic, many of which never recover. The strength to avert disasters and effectively handle the ones that occur starts with knowledge.
Downtime is Common
90% of companies experience some form of downtime, which may result in loss of data, security, productivity, and revenue.
(Down) Time is Money
An hour of downtime costs $8,000 for a small company, $74,000 for a medium company, and $700,000 for a large enterprise.
The most powerful and flexible disaster recovery plan is local virtualization for SMBs and enterprises with physical or virtual servers.
Disasters that cause downtime may be a result of hardware failure, human error, software failure, or natural disaster.
Recovery is Painful
The average time it takes a business to recover from disaster is 18.5 hours, but 43% of companies never totally recover.
What could happen?
Disasters of all kinds cause downtime that is damaging to a business. Most backup solutions don’t pass the test, it is of utmost importance to test your recovery disaster solutions as often as possible.
Disaster planning must encompass disasters of all types and sizes: fires, floods, fraud, ransomware, cyber-attacks, power or IT system failure, human error, acts of terror, and other unthinkable scenarios.
While the type of disaster varies, the impact is typical: data and operational downtime that is truly disastrous.
The devastating effect of downtime caused by disaster include irreparable damage to data, reputation, customer relationships, income, and business vitality.
The best offense is a good defense; you must protect your business by understanding your vulnerabilities, safeguarding against the risks, and preparing for the worst possible business disruption with a plan for business continuity and disaster recovery that will shield your data, protect your business, and keep your systems available and reliable no matter what happens.